10 Morgan Cres, Werribee VIC 3030

10 Morgan Cres, Werribee VIC 3030
4 bed, 2 bath, 2 car | 166sqm internal on 331sqm lot | South Werribee crescent | Modern, low-maintenance layout This property is positioned on a sought-after south-side crescent of only 37 homes, which typically limits through-traffic and supports stronger long-term value retention than busier arterials. The 166sqm internal floorplan is generous for a 331sqm lot, meaning the house itself offers genuine space without the land cost penalty of a larger block. The open-plan living, modern kitchen, and alfresco area suit first-home buyers seeking turnkey convenience and investors wanting low-maintenance tenancy appeal. The 2011 build date places it past the initial depreciation curve but still modern enough to avoid the functional obsolescence of older stock. The main risk is the lot size: 331sqm limits future subdivision or significant extension potential, which narrows the buyer pool to end-users rather than developers. The 2011 sale history means no recent market-tested price point, and the estimated value of $657,000 may lag or lead actual market conditions depending on how comparable sales settle. The opportunity lies in Werribeeโ€™s ongoing population growth and infrastructure investment, which supports steady capital appreciation for well-located, modern houses. This property should be held as a solid, low-management rental or a comfortable owner-occupied home, not flipped or subdivided.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Werribee presents as an affordable, family-oriented suburb with strong infrastructure and natural appeal, driving demand from value-seeking buyers. Recent price growth has moderated, with current conditions favouring purchasers. Significant ongoing development underpins future potential, though this growth trajectory has shown recent signs of plateauing.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

331mยฒ

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